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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
CPO price forecast to climb for rest of the year
Coco oil price may hit $ 700 per MT
15/4/06 (Manila Bulletin) - The Philippines can take advantage of a soaring coconut oil (CNO) price in the world market that can reach to $ 700 per metric ton (MT) if only local copra production could rise at a stable, hefty rate, arresting the lamentably low usage of the country's oil milling capacity.
Carotech share price up 91% on biofuel theme
17/4/06 PETALING JAYA (The Star) -- Biodiesel and super Vitamin E producer Carotech Bhd's share price rose 3 sen to a record high of 84 sen yesterday on high crude oil prices and a biofuel theme on the New York Stock Exchange (NYSE).
Asia's biggest bio-diesel plant to open in RP in May
17/4/06 (The Manila Times) - The newly constructed bio-diesel plant of the Filipino-owned Chemrez Inc. will start commercial operations on May 8 this year, the Philippine Biodiesel Association (TPBA) and the Department of Energy confirmed.
Indonesia To Start Producing Biodiesel Fuel Next Year
BATAM, April 15 (Bernama) -- Minister of Energy and Mineral Resources Purnomo Yusgiantoro said here he hoped several regions in Indonesia would be able to start producing biodiesel fuel from castor kernel as an alternative fossil fuel next year, ANTARA news agency reported Saturday.
Demand for palm oil triggers massive expansion in Borneo
12/4/05 (Friend of the Earth) - A new report released today (Wednesday 13 April) reveals how the Indonesian government could develop up to three million hectares of oil palm plantations on the island of Borneo, threatening wildlife and local livelihoods to cater for international demand for cheap palm oil
Speculation around palm oil prices as Thailand talks up biodiesel
11/04/2006 ( Food Navigator.com) - Palm oil prices in Thailand could rise this year, if the country uses greater amounts of the vegetable oil in new biodiesel plants.
Palm Oil Biodiesel May Face Barriers In Europe
10/4/06 KUALA LUMPUR (Dow Jones)--Expectations in the palm oil industry for biodiesel sales to Europe may be premature, as trade barriers look likely to limit market access, a European biofuels industry official said.
Fat Fight Becomes a Rumble in the Jungle
12/4/06 ( The New York Times) - IT all began simply enough, with the food industry exploring palm oil as an alternative to trans fat.
MPOC Sets Up Biodiversity Conservation Fund
PETALING JAYA, April 13 (Bernama) -- The Malaysian Palm Oil Council (MPOC), formerly known as Malaysian Palm Oil Promotion Council, has set up the Malaysian Palm Oil Conservation Fund (MPOCF) aimed at the conservation of wildlife and biodiversity.